Do you feel like you are just existing? Do you want to LIVE rather than just exist?
Are you receiving a typical “first world” retirement income (from somewhere like the USA, Canada, Western Europe, Australia, New Zealand, etc) but struggling to make ends meet?
If you could LIVE more happily in another country on that same retirement income, would you be tempted to at least have a look?
GRANDPAcking is about a 57+ year old male, Shaun Richardson, spending 5+ years Flashpacking around the world in search of the best affordable retirement locations. I am SHAUN.
My Plan involves spending several months in each of several target countries in South East Asia, South East Europe, and Latin America.
I started my travels in Indonesia in November 2014. I returned to New Zealand briefly in August 2015 to Sell My House. Come October 2015, I was back on the road again (re-starting my travels in Vietnam).
For Planning purposes, I used the following (simplified) exchange rates:
- NZ$1 = US$0.75 ; US$1.00 = NZ$1.33
- NZ$1 = €0.60 ; €1.00 = NZ$1.67
- NZ$1 = £0.50 ; £1.00 = NZ$2.00
These rates were realistic back in August 2014. However, since then, the NZ$ has devalued significantly against these other currencies. In fact, since January 2014, the NZ$ has fallen by over 25%.
Whilst on my travels I will give costs in local currency with the exchange rate(s) at that point in time.
My objective is to discover some wonderful places where you can truly and happily LIVE on a typical “first world” retirement income.
In 2014 New Zealand, this would be a yearly superannuation retirement income of NZ$29,300 / US$22,000 / €17,600 / £14,650 for a married couple (after tax). My figures are based on this couple living in nicely appointed Rental Accommodation so, obviously, if that retired couple owned their house in NZ, then they could sell up and buy a house (of equal quality for less money) in their new retirement location and live even more comfortably...
I will do the donkey work and tell you about the places that I have seen, where the special locations can be found, and how much income you would need to live there comfortably. These will be real figures… not theory… not hearsay.
I hope to provide enough information for you to be able to choose some locations that look right for you… and to tempt you to pack your suitcases and visit at least 1 or 2 of them to see them for yourselves.
I hope that My Plan grabs your imagination and that you are as keen as I am to discover the places that many people can only dream of… and to discover what the reality is about the affordability and options for retiring overseas.
I invite you to follow me as I execute this venture. Is my venture something that you would love to do but can’t?
I am more than happy to receive comments and participate in “chats” whilst I am on my travels.
If there is something that you would like to know, please ask.
If there is something that you would like me to check out or do, please ask. If it makes sense for me to “fit it in” to my activities or schedule, I will be happy to do so.
A BIT MORE ABOUT SHAUN RICHARDSON (GRANDPA) …